strong selling pressure

Can anyone explain the activity today. Is someone selling to drive the price down and trip stoplosses to get a sizable number of shares at lower prices? Persistant small parcels appear for sale quickly bought up so someone sees a bargin at 8-9 cents below spp, will there really be a such an excess demand at 62 cents as the closing date approaches?

Buyers building, will we bounce off the 52.5 low, I snagged a few at 53c just then hope my faith is justified and no leaks occurring. Interesting activity anyway.